Economic value

Illustrative image (Source: VNA) Can Tho (VNA) – Experts called for making better use of straw – an agricultural by-product abundant in Vietnam’s biggest rice cultivating area of Mekong Delta - during a seminar held in southern Can Tho city on January 23. Pham Van Tan, Deputy Director of the Ministry of Agriculture and Rural Development’s Vietnam Institute of Agricultural Engineering and Post-Harvest Technology (VIAEP), said the region each year yields nearly 45 million tonnes of rice, accounting for 54 percent of the whole country’s total. The total straw volume after harvest nears 22 million tonnes, 13 million tonnes of which are disposed of by burning, equivalent to 60 percent. As straw burning pollutes the air, erodes land and wastes workforce, the VIAEP partnered with the Centre for Sustainable Agricultural Mechanisation under the United Nations Economic and Social Commission for Asia and the Pacific to pilot a project on straw … [Read more...] about Experts call for increasing economic value of straw

The Central Highlands province of Gia Lai has worked to replace traditional key farm produce like rubber, coffee and pepper with fruit trees, which generate more income (Illustrative photo: VNA) Gia Lai (VNA) – The Central Highlands province of Gia Lai has worked to replace traditional key farm produce like rubber, coffee and pepper with fruit trees, which generate more income. The province is home to more than 7,200ha of fruit trees, up nearly 1,200ha against 2016. The area is mainly to grow banana (1,700ha), mango (more than 1,000ha), durian (560ha) and dragon fruit (350ha), among others. It aims to have 10,000ha under fruit trees by 2020, focusing on fruits with geographical indication tags. In addition, Gia Lai will promote high-tech agriculture and processing of farm produce, along with clean and renewable energy and tourism, said Chairman of the provincial People’s Committee Vo Ngoc Thanh. The province will support businesses as well as seek … [Read more...] about Gia Lai shifts to planting fruit trees with high economic value

VietNamNet Bridge - The fish caught from the Mekong River alone make up 3.1 percent of Vietnam’s GDP.
In a recent publication, scientists, together with the Mekong River Commission (MRC), said the Mekong River, the 12th longest in the world, will be affected by hydropower dams proposed on the river’s upper course.
The fisheries alone can bring $17 billion a year, making up about 3 percent of GDP of Vietnam, Cambodia, Laos and Thailand, said the MRC. The figures were based on the report that 4.4 million tons of aquatic products are caught from the river every year.
The total value of the global fisheries was $130 billion in 2015 as reported, while the Mekong alone brought 13 percent.
The report shows Vietnam earns $5.74 billion from fisheries on the Mekong, or 3.1 percent of the country’s GDP. Meanwhile, Thailand earns $6.72 billion, or 1.8 percent of its GDP.
The role played by the Mekong in smaller economies proves to be even more important. Fishing and … [Read more...] about How much economic value does the Mekong River bring to Vietnam?

Agriculture urged to focus on value
(12-01-2007)
Ha Noi — Prime Minister Nguyen Tan Dung has called on the agriculture industry to hasten the switch from agricultural production to agricultural services while boosting production of products with higher economic value. … [Read more...] about Agriculture urged to focus on value